Coutts Sustainability Profile
Coutts, officially known as Coutts & Co, is a prestigious private bank headquartered in London, GB. Established in 1692, it has a rich history of serving high-net-worth individuals and families, primarily in the UK and internationally. Renowned for its bespoke wealth management services, Coutts offers a range of financial solutions, including investment management, private banking, and estate planning. Coutts distinguishes itself through its personalised approach, combining expert financial advice with a deep understanding of clients' unique needs. The bank has achieved notable recognition in the industry, consistently ranking among the top private banks in the UK. With a commitment to excellence and a legacy of trust, Coutts continues to be a leader in the wealth management sector, catering to the sophisticated demands of its clientele.
DitchCarbon Score
How does Coutts's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Coutts's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coutts, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of NatWest Group plc, and as such, it inherits emissions data and climate commitments from its parent company. Coutts's climate initiatives and reduction targets are aligned with those of NatWest Group plc, which operates under various industry-standard frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for Coutts itself have not been disclosed. As part of its commitment to sustainability, Coutts is involved in initiatives like RE100, which aims for 100% renewable energy, and is also engaged in the Climate Pledge. The details of these initiatives and their impact on emissions are cascaded from NatWest Group plc, reflecting a broader commitment to reducing carbon footprints across its corporate family. In summary, while Coutts does not provide specific emissions data or reduction targets, it is actively participating in climate initiatives through its relationship with NatWest Group plc, focusing on sustainability and carbon reduction in alignment with industry standards.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 30,695,000 | 00,000,000 | 00 | 00,000,000 | 00,000,000 | 00 | 00 | 00 |
| Scope 2 | 69,391,000 | 00,000,000 | 000 | 00,000,000 | 0,000,000 | 00 | 000,000 | 000,000 |
| Scope 3 | 67,174,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Coutts's Industry?
How Carbon Intensive is Coutts's Location?
Coutts's Scope 3 Categories Breakdown
Coutts's Scope 3 emissions, which increased by 0% last year and decreased by approximately 1% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 45% of Scope 3 emissions.
Top Scope 3 Categories
Coutts's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Coutts has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
